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Albany Community Development

OVERVIEW
Albany Community Development Agency (ACDA) revitalizes our neighborhoods by increasing home ownership, providing resources for home and community improvements, and connecting partners to facilitate quality of life projects and workforce opportunities for residents with low to moderate incomes.

ACDA secures and manages millions of dollars in U.S. Department of Housing and Urban Development (HUD) funds each year—which are allocated to sub-recipients through strategic grants, or to the community through housing programs, and Citywide neighborhood development or public improvement projects. These funds are often times combined with other funding sources to maximize community development initiatives, improve housing conditions, leverage strategic housing and neighborhood projects, combat blight, increase home ownership, and foster economic and commercial stability in deserving neighborhoods.

Through creative programming, ACDA helps to grow and strengthen our community—from home ownership and rehabilitation support, to homelessness prevention, to coordinating with local and regional partners on initiatives that offer economic benefits, education or creative outlets to our residents and businesses.

While HUD entitlement funding is a major contributor of Albany’s livability, ACDA still aggressively pursues other funding sources and builds public-private relationships among all levels of government, City non-profit groups and private institutions, to better our neighborhoods.